Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms that have made announcements.
The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading – for better or worse – and then I do my best to make sense of who’s moving where and why it might be happening.
Anyway… here’s what’s been happening since the doors were opened this morning…
The ASX opened higher, with the benchmark up +0.28% and the goldies off and running for the second day in a row.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code Description Last % Volume MktCap CLZ Classic Minerals 0.0015 50% 3,031,315 $551,029 LNR Lanthanein Resources 0.004 33% 236,400 $7,330,908 YAR Yari Minerals Ltd 0.004 33% 150,000 $1,447,073 HLX Helix Resources 0.0025 25% 7,710,348 $6,528,387 EFE Eastern Resources 0.006 20% 168,758 $6,209,732 MTH Mithril Resources 0.185 19% 19,099 $13,109,314 PUR Pursuit Minerals 0.0035 17% 3,289,540 $10,906,200 A1G African Gold Ltd. 0.024 14% 30,000 $5,023,530 EVG Evion Group NL 0.018 13% 655,709 $5,535,347 TMR Tempus Resources Ltd 0.0045 13% 7,700 $4,123,995
Mithril Resources (ASX:MTH) has received firm commitments for a capital raising of $3.7 million at $0.20 with cornerstone investment by Jupiter Gold and Silver Fundn at a 29 per cent premium to its last traded share price.
Noviqtech (formerly Tymlez) (ASX:NVQ) was climbing early, possibly due to yesterday’s news that the company has added a new AI-powered chatbot, driven by Google Gemini, to its flagship SaaS product, Carbon Central.
Classic Minerals (ASX:CLZ) was up early, after announcing an extension to the closing date of its non-renounceable pro-rata rights issue at an issue price of $0.004 per new share, with 1 bonus option for every 2 shares subscribed for, exercisable at $ 0.02 on or before 30 June 2027.
Eastern Resources (ASX:EFE) announced that the company has engaged Nagom, an experienced lithium consultancy in Perth, to plan and manage metallurgical testwork for samples from the Lepidolite Hill Project.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code Description Last % Volume MktCap LPD Lepidico Ltd 0.002 -33% 380,000 $25,767,358 ALR Altair Minerals 0.003 -25% 151,000 $17,186,310 ODE Odessa Minerals Ltd 0.003 -25% 40,000 $4,173,130 PUA Peak Minerals Ltd 0.003 -25% 127,538 $4,165,506 LRL Labyrinth Resources 0.004 -20% 52,600 $5,937,719 RDS Redstone Resources 0.004 -20% 1,784,444 $4,626,892 M2R Miramar 0.007 -18% 672,534 $1,581,664 1MC Morella Corporation 0.0025 -17% 2,351,442 $18,536,398 BMO Bastion Minerals 0.005 -17% 11,000 $2,610,503 CCZ Castillo Copper Ltd 0.005 -17% 267,049 $7,797,032
The post Top 10 at 11: It’s all cap raises and consultants driving a quiet morning on the ASX appeared first on Stockhead.
